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Dealer Operations

Dealer Operations

Equipment vendors leverage AI amid labor shortage

byJohnnie Martinez II

September 7, 2023

Equipment vendors are leaning into AI to train technicians, fill gaps and increase efficiency amid a labor shortage that continues...

Also, the Capitol building in Washington USA

Dealer Operations

Equipment associations seek federal changes

byJohnnie Martinez II

September 1, 2023

The North American Equipment Dealers Association and the Equipment Leasing and Finance Association are seeking changes as the fall legislative...

Side on view of a combine header is used on a western australian grain farm to harvest ripe barley

Dealer Operations

Titan Machinery ag revenue up 34% YoY

byJohnnie Martinez II

August 31, 2023

Titan Machinery’s agricultural segment revenue increased in the second quarter of fiscal 2024 due to recent acquisitions and consumer demand. ...

Four red forklift trucks in distribution warehouse

Material Handling

Alta Equipment material handling revenue up 25% YoY

byJohnnie Martinez II

August 11, 2023

Alta Equipment Group’s material handling revenue rose in the second quarter as the company benefited from exclusive territories and a...

Dealer Operations

Best practices for combating first-party fraud

byJohnnie Martinez II

August 9, 2023

As rising interest rates persist and credit conditions tighten, vendors and lenders are facing an uptick in first-party fraud. First-party...

Many different heavy industrial machinery equipment at construction site parking area.

Dealer Operations

Rental industry fleet utilization down 10%

byJohnnie Martinez II

August 7, 2023

Equipment rental companies Herc Rentals, Ryder System and United Rentals saw rental fleet utilization rates decline in the second quarter...

A Komatsu HB365LC hybrid excavator during the ConExpo-Con/Agg tradeshow in Las Vegas, Nevada, US, on Wednesday, March 15, 2023. As electric SUVs and sedans roll onto American highways, diesel still reigns supreme on US construction sites. But walk around the industrys largest trade conference in Last Vegas this week, and the first signs of battery power have finally arrived.

Dealer Operations

Komatsu retail finance originations increase 10% YoY

byJohnnie Martinez II

July 31, 2023

Japanese equipment manufacturer Komatsu’s retail finance originations and revenues increased in its fiscal first quarter due to the impact of...

A worker operates a New Holland backhoe loader during construction at the Porto Maravilha project in Rio de Janeiro, Brazil, on Thursday, Jan. 22, 2015. With the main projects at the port scheduled for completion before the 2016 Olympics, Rio de Janeiro Mayor Eduardo Paes aims to redraw the image of the city and reinvent a dilapidated region by luring residents and companies.

Dealer Operations

CNH Industrial Capital originations rise 14% YoY

byJohnnie Martinez II

July 28, 2023

CNH Industrial Capital’s retail originations rose in the second quarter due to strong consumer demand, even as base interest rates...

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Dealer Operations

Equipment vendors leverage AI amid labor shortage

Equipment associations seek federal changes

Titan Machinery ag revenue up 34% YoY

Alta Equipment material handling revenue up 25% YoY

Best practices for combating first-party fraud

Rental industry fleet utilization down 10%

Komatsu retail finance originations increase 10% YoY

CNH Industrial Capital originations rise 14% YoY

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Dealer Operations

Inventory financing shifts to ‘just in time’ as dealer demands change

Jack Doheny acquires Vacuum Truck Rentals with $175M from CVC

Equipment dealers expand leasing, rental revenue as financing demand grows

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